Fulltech Fiber Glass Corp.

Fulltech Fiber Glass Corp.

TTPEX:1815
139.00
TWD
-8.00
(-5.44%)
3.60EPS
29.29P/E
61.83BMarket Cap
Nov 05Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
10.09
10.53
10.87
10.95
10.51
11.08
9.98
7.75
11.93
10.06
6.99
9.04
11.47
12.84
Basic EPS, GAAP
0.07
0.12
0.95
0.99
1.06
0.9
-0.22
-1.08
1.37
0.07
-1.42
0.13
1.64
3.61
Free Cash Flow per Basic Share
0.99
1.54
1.96
1.82
-0.35
-0.58
-1.94
-0.5
2.11
2.63
-1.21
-2.16
-3.28
-3.7
Dividend per Share
- -
0.14
0.19
0.32
0.46
0.6
0.47
- -
- -
0.56
0.1
- -
- -
- -
Book Value per Share
14.53
14.42
15.35
15.83
16.31
15.91
15.16
14.66
16.09
15.98
14.24
14.85
21.71
23.42
Tangible Book Value per Share
14.52
14.42
15.35
15.83
16.31
15.91
15.16
14.66
16.09
15.98
14.24
14.85
21.71
23.42
Basic Weighted Avg Shares
408
442
442
438
458
456
449
443
441
462
458
470
521
560
Sales/Revenue/Turnover
4,110
4,651
4,804
4,798
4,812
5,052
4,480
3,428
5,256
4,651
3,200
4,247
5,975
7,182
Operating Margin (%)
1.63
2.97
10.91
12.45
14.68
14.03
2.85
-18.01
13.4
4.8
-16.34
2.12
15.61
19.6
Depreciation Expense
670
635
650
633
626
692
774
799
788
746
705
716
928
1,068
Net Income, GAAP
29
54
420
436
486
409
-100
-479
601
32
-651
63
857
2,019
Effective Tax Rate (%)
- -
20.67
14.21
17.84
16.34
27.47
- -
- -
9.74
43.26
- -
- -
17.27
14.19
Profit Margin (%)
0.7
1.16
8.75
9.08
10.11
8.09
-2.23
-13.98
11.44
0.68
-20.35
1.48
14.34
28.11
Working Capital
1,702
872
1,110
1,349
2,020
1,884
2,570
940
682
2,045
1,857
2,921
4,251
5,220
LT Debt
5,445
4,195
3,546
3,345
4,170
5,120
6,518
5,215
3,643
4,718
4,718
5,382
3,400
4,709
Total Equity
6,487
6,393
6,726
6,894
7,525
7,356
6,984
6,619
7,449
7,395
6,590
7,752
12,597
13,699
Return on Invested Capital (%)
- -
0.91
3.93
4.26
4.87
4.07
- -
- -
4.6
0.94
- -
- -
4.95
7.11
Return on Capital (%)
- -
1.26
4.51
4.49
4.61
3.78
- -
- -
5.19
0.83
- -
- -
6.5
12.82
Return on Common Equity (%)
0.49
0.84
6.41
6.4
6.75
5.5
-1.39
-7.04
8.55
0.42
-9.31
0.88
8.42
18.92

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,117
815
1,175
LT Borrowings
3,053
3,841
4,327
LT Finance Leases
347
343
381
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
580
584
585
Market Capitalization
52,169
53,309
61,830

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
6,651
6,998
8,221
Cash, Cash Equivalents & STI
2,348
2,374
3,197
Accounts Receivable, Net
2,058
2,308
2,614
Inventories
2,058
2,093
2,201
Total Current Liabilities
2,399
2,084
3,000
Payables & Accruals
- -
- -
- -
ST Debt
1,117
815
1,175
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.02%
16.21%
62.51%
Free Cash Flow
-39.34%
-96.94%
68.88%
Net Income, GAAP
-107.92%
-266.73%
1,262.05%
Sales/Revenue/Turnover
5.44%
16.8%
40.69%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
763
1,079
1,118
1,287
4,247
2025
1,383
1,422
1,533
1,637
5,975
2026
1,881
2,131
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.13
-0.01
-0.03
0.28
0.13
2025
0.33
-0.06
0.53
0.8
1.64
2026
0.79
1.45
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Yuan Pin Chang
Full Time Employees
1,067
Sector
Electronic technology
Industry
Electronic components
Address
No. 8, Dougong 16th Road Douliu Taiwan 640
IPO Date
Aug 30, 2004
Website
ffg.com.tw
Business
Fulltech Fiber Glass Corp. (1815.TWO) manufactures and sells electronic-grade and industrial-grade fiberglass yarns and fabrics primarily for printed circuit boards, consumer electronics, and insulation applications. The company operates through Fiberglass Yarn and Fiberglass Fabric segments; its core products include electronic-grade yarns such as G75, G67, G37, E225, E110, G150, D450, D900, C1200, and BC1500, alongside fabrics like 1027, 1037, 106, 1080, and 2116; industrial-grade yarns comprise G37/K37, H18, H25, G150, and DE Yarn, serving end-uses in desktop and laptop computers, cellular phones including iPhones, HDI PCBs, RF devices, multi-layer PCBs, network appliances, handheld game consoles, e-readers, iPads, energy-saving building insulation, filter bags, fireproofing materials, corrosion-resistant tubes, grinding wheels, aerospace interiors, and thermal insulation. Fulltech Fiber Glass Corp. was founded in 1999 and is headquartered in Douliu City, Taiwan, with manufacturing operations in Taiwan and the People's Republic of China, including a subsidiary Fulltech (Dongguan) Fiberglass Co., Ltd.; it employs approximately 643 people and distributes products domestically and internationally to electronics, aerospace, military, and industrial markets. In recent developments, the company has significantly expanded production capacities to 80,000 metric tons annually for electronic-grade fiberglass yarn (assuming G75 equivalent) and 120 million square meters for fiberglass fabric (assuming 7628 type), alongside reporting robust revenue growth of 32.71% to TWD 4.25 billion in fiscal year 2024 and a third-quarter 2025 net profit turnaround to EPS of TWD 0.54 from a prior-year loss.